Blueprint Architecture & Design Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC310921 (Scotland)

Blueprint Architecture & Design Limited

Financial Statements For The Year Ended 31 October 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

9

DIRECTORS:

D I MacDonald

Mrs M MacDonald

REGISTERED OFFICE:

8 Tower Street

Tain

Ross-shire

IV19 1DY

REGISTERED NUMBER:

SC310921 (Scotland)

ACCOUNTANTS:

The Long Partnership

Park House Centre

South Street

Elgin

IV30 1JB

FIXED ASSETS

Intangible assets

4

1,125

1,688

Tangible assets

5

18,564

8,412

19,689

10,100

CURRENT ASSETS

Debtors

6

10,328

13,144

Cash at bank

10,329

11,788

20,657

24,932

CREDITORS

Amounts falling due within one year

7

20,312

31,086

NET CURRENT ASSETS/(LIABILITIES)

345

(6,154

)

TOTAL ASSETS LESS CURRENT LIABILITIES

20,034

3,946

CREDITORS

Amounts falling due after more than one year

8

(15,480

)

(1,974

)

PROVISIONS FOR LIABILITIES

9

(3,527

)

(1,633

)

NET ASSETS

1,027

339

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

927

239

SHAREHOLDERS' FUNDS

1,027

339

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 April 2019 and were signed on its behalf by:

D I MacDonald - Director

1.	STATUTORY INFORMATION

Blueprint Architecture & Design Limited is a private company, limited by shares , registered in Scotland. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill is the amount paid in connection with the acquisition of a business in 2006. After initially being

amortised evenly over its initial estimated useful life of twenty years, the remainder (from 1 November 2015) is

now being amortised over its remaining estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element

of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2017

and 31 October 2018

5,000

AMORTISATION

At 1 November 2017

3,312

Charge for year

563

At 31 October 2018

3,875

NET BOOK VALUE

At 31 October 2018

1,125

At 31 October 2017

1,688

5.	TANGIBLE FIXED ASSETS

Equipment

£

COST

At 1 November 2017

19,159

Additions

19,854

Disposals

(8,775

)

At 31 October 2018

30,238

DEPRECIATION

At 1 November 2017

10,747

Charge for year

5,361

Eliminated on disposal

(4,434

)

At 31 October 2018

11,674

NET BOOK VALUE

At 31 October 2018

18,564

At 31 October 2017

8,412

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Equipment

£

COST

At 1 November 2017

8,775

Disposals

(8,775

)

At 31 October 2018

-

DEPRECIATION

At 1 November 2017

4,045

Charge for year

389

Eliminated on disposal

(4,434

)

At 31 October 2018

-

NET BOOK VALUE

At 31 October 2018

-

At 31 October 2017

4,730

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.18

31.10.17

£

£

Trade debtors

6,503

12,505

Other debtors

3,825

639

10,328

13,144

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.18

31.10.17

£

£

Bank loans and overdrafts

1,348

3,035

Hire purchase contracts

-

1,974

Trade creditors

68

-

Taxation and social security

10,157

13,994

Other creditors

8,739

12,083

20,312

31,086

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.18

31.10.17

£

£

Hire purchase contracts

-

1,974

Other creditors

15,480

-

15,480

1,974

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

3,096

-

9.	PROVISIONS FOR LIABILITIES

31.10.18

31.10.17

£

£

Deferred tax

3,527

1,633

Deferred

tax

£

Balance at 1 November 2017

1,633

Charge to Income Statement during year

1,894

Balance at 31 October 2018

3,527

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.18

31.10.17

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 November 2017

239

Profit for the year

17,588

Dividends

(16,900

)

At 31 October 2018

927

12.	RELATED PARTY DISCLOSURES

During the year, total dividends of £16,900 (2017 - £32,380) were paid to the directors .

Mr D I and Mrs M MacDonald

are directors in the company

A loan has been given from the directors to the company. No interest is charged and no repayment terms have

been agreed.

31.10.18

31.10.17

£

£

Amount due to related party at the balance sheet date

484

44

13.	ULTIMATE CONTROLLING PARTY

The company was under the joint control of Mr Duncan Macdonald and Mrs Michelle Macdonald throughout the

current year and previous year.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Blueprint Architecture & Design Limited for the year ended 31 October 2018 which comprise the

Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Blueprint Architecture & Design Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Blueprint Architecture & Design Limited and state those matters that we have agreed to state to the Board of Directors of Blueprint Architecture & Design Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Blueprint Architecture & Design Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Blueprint Architecture & Design Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Blueprint Architecture & Design Limited. You consider that Blueprint Architecture & Design Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Blueprint Architecture & Design Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Long Partnership

Park House Centre

South Street

Elgin

IV30 1JB

24 April 2019